Head of Financial Lines, Italty

Posted 8 Hours Ago
Be an Early Applicant
Milan
Senior level
Insurance
The Role
The Head of Financial Lines will oversee the profitable development of the Italian Financial Lines portfolio, set strategic direction, manage risk, and drive business growth. Responsibilities include leading a team, optimizing operational efficiency, executing underwriting strategy, and enhancing product offerings and profitability.
Summary Generated by Built In

Title:

Head of Financial Lines, Italty

Company:

Everest Insurance (Ireland) Italy Branch

Job Category:

Underwriting

Job Description:

It’s an exciting time for Everest! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture.

Everest International Insurance expanding! We are recruiting for a Head of Financial Lines based in Milan which will be part of the wider International Financial Lines team across Europe & APAC.

Role Purpose:

  • Responsibility for the profitable development of the Italian Financial Lines portfolio.
  • Set and execute strategic direction across Italy with a focus on the management of risk whilst driving business growth and achieving profit objectives.
  • Driving transformational change and strategic focus by maximising business value through portfolio optimisation, operational efficiency and risk selection.
  • Leading, coaching and developing a team, creating a work environment that fosters teamwork, innovation and cooperation.
  • Finding ways to leverage technology within the Underwriting process to improve efficiency.

Key Accountabilities:

  • Accountability for the strategic direction, oversight and performance of the Italian Financial Lines Portfolio.
  • Responsible for successful execution of the Financial Lines plan; adjusting strategies and actions to meet the needs of a changing marketplace; effectively preserve and enhance profitability through product development and enhancement; pricing discipline, competitive analysis and the development of business-enhancing performance metrics and controls.
  • Formulating guidelines and executing underwriting strategy.
  • Overall responsibility for the P&L and delivery of all key metrics.
  • Develop and manage a portfolio of business in Italy, including underwriting & pricing, wording development, broker and client relationships and ensuring that all business is serviced effectively.
  • Primary point for all peer reviews for the department.
  • Business development and execution of yearly business and budget planning.
  • Provide insurance solutions & broader risk management support to clients most complex risks and challenges.
  • Developing a business and marketing plan, building brand and product awareness through broker market.
  • Expanding and enhancing the current product range to allow Everest to compete with the market leaders in the sector.

Professional experience & skills:

  • Financial Lines expert with extensive Underwriting experience in the Italian marketplace
  • Demonstrated ability to generate profitable new business and proven record of delivering meaningful underwriting profit.
  • Credible leader with proven people management, team building and leadership skills.
  • Highly collaborative and able to work effectively with peers.
  • Strong technical background, problem solving analytical skills, and ability to connect data analytics with strategic deliverables to drive underwriting strategy.

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Milan, Italy

Additional Locations:

GDPR Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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